SGS is Long (As of close of 4/30/2012)
Action on Friday was very disappointing for bulls, but I still think as soon as the election is over indices will rally into Christmas.
As
far as election goes it's over imo, Obama will get his second term,
Reps lose a few seats in the house, but still keep it, Dems gain 1 to 3
seats in the senate and keep that. I think Market might initially sell
off maybe Wed AM, then it will rally hard into next year.
If we have no president by Wed AM (less than 1% chance imo), Market will go down hard on Wed and continue going down until it's sorted out again by the SC which would give presidency to Romney (5-4) sometime in Dec or early Jan. If that happens, I would close all long positions and start opening short positions.
If we have no president by Wed AM (less than 1% chance imo), Market will go down hard on Wed and continue going down until it's sorted out again by the SC which would give presidency to Romney (5-4) sometime in Dec or early Jan. If that happens, I would close all long positions and start opening short positions.
Face Book
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
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